hfmmainlog, Author at HFM Investment Advisors, LLC

Our 2023 Annual Coat Drive is just about to begin and will continue until the beginning of January 2024. Over the past 13 years, we have gathered and distributed over 25,000 coats to those in need, fulfilling our mission to provide every man, woman, and child in need in the Gloucester County area. During the coat drive we deliver donations to several organizations, including Angels Community Outreach, Unforgotten Haven, Harbaugh Christmas Village, and many more. We are incredibly grateful to the students enrolled in the Y.A.L.E school, who are always a huge help to us. They will volunteer once a…

Should You Sell Your House for $1?

Financial Wellness, Podcast, Retirement Planning

Would it ever make sense to sell your house for a few bucks? Jason Gabrieli dives into the world of estate planning, specifically focusing on the ownership of your house. Jason addresses a common misconception about selling your house to your kids for a low price, debunking the idea that it can help avoid taxes. He explains the federal estate tax exemption and the absence of estate tax in New Jersey, shedding light on why most people don't have to worry about estate taxes. Jason also discusses the concern of protecting your house from the cost of care and the potential…

How to Invest in A Secure Financial Future for Your Children

Financial Wellness, Investments, Podcast

Jason Gabrieli zeroes in on a topic he often discusses with clients: investing for the younger generation in your family. Jason reviews the options available to you as a parent, grandparent, or guardian to begin fostering a secure financial future for them. Jason reviews several options, including accounts available under a custodian's supervision, individual or joint investment accounts, and, of course, the classic 529 college savings plan. Tune into this episode to also learn: What makes UTMA and UGMA accounts a secure choice for investing in the younger generation's future, and what are the caveats? How does opening an investment…

The Marathon of Wealth: Investing Lessons from Distance Running

Financial Wellness, Investments

Many people avoid running, which is understandable. You need to take time out of your busy schedule, only to exhaust your body. Perhaps fittingly, the same thing is true with your finances and investing. When people think about trying to get serious with their wealth, they often get intimidated, scared, and frustrated. Fortunately, there are plenty of parallels between distance running and investing. Not everyone in the world wants to become a “runner,” but the truths that tie the two disparate topics together apply to every single person who seeks financial independence. Investing, especially in the context of retirement, is…

Taking the “Insecurity” Out of Social Security.

Financial Wellness, Retirement Planning

When to claim Social Security benefits is one of the most crucial decisions to make when planning for retirement, and only some people understand how Social Security benefits work or how to optimize their benefits, resulting in someone taking them at a sub-optimal time. Some common questions you may ask yourself include: Will Social Security be there for me? When does it make sense to delay benefits- and when does it not? Is there an optimal time? What if I'm single, divorced, widowed, married or remarried? Can I still work and collect my benefits? What is the connection with Medicare?…

Aging with Grace: Ensuring a Burden-Free Future through Life Care Planning

Financial Wellness, Podcast, Retirement Planning

HFM is shining the spotlight on the crucial topics of elder law planning and life care planning. CERTIFIED FINANCIAL PLANNER Jason Gabrieli is joined by Brittany Tedesco, Esq. from Bratton Law Estate and Elder Attorneys, a seasoned expert in the field, who guides listeners through the various aspects and timelines associated with these services. The conversation centers around the practical side of end-of-life planning and the resources available to those navigating this process, with the objective is to ease the pressure on the family and the client, allowing them to focus on their roles without worrying about technical aspects.…

Calculating Your Optimized Social Security Formula

Financial Wellness, Podcast, Retirement Planning

CERTIFIED FINANCIAL PLANNER and Registered Social Security Analyst Catherine Allen-Carlozo sits with Jack McGee to delve into the world of social security and retirement planning. They emphasize the value of informed decision-making when it comes to social security benefits and retirement age. The discussion centers around exploring various options and strategies to maximize social security earnings. Accurate income figures take the spotlight, dispelling prevalent misconceptions about social security. Tune in as Catherine and Jack shed light on these crucial aspects of financial planning on this insightful episode of Dollar Wise. Tune into this episode to also learn: What factors…

Rich vs. Wealthy: What’s the Difference?

401(k), Financial Wellness, Podcast

Although the two might be used interchangeably, rich and wealthy have two meanings in financial planning. CERTIFIED FINANCIAL PLANNERS Jason Gabrieli and Catherine Allen-Carlozo discuss the importance of saving, building wealth, and aligning spending with financial goals. They emphasize the role of net worth and assets in achieving financial freedom, dispel the belief that wealth is only about lifestyle and consumption, and stress the significance of living below one's means and making wise financial choices. They provide examples and insights to encourage long-term wealth building and advise against get-rich-quick schemes. Tune into this episode to also learn: Is income…

Contingency-Free Real Estate: How Anyone Can Become A Cash Buyer

Financial Wellness, Podcast, Uncategorized

The real estate market is as competitive as ever, even for the most qualified buyers. And if you’re like most people and need to place contingencies in your offer, such as needing to sell your home first or getting approved for a mortgage, the seller would incur greater risks with you and so they would likely choose a cash offer instead. Thomas Bickett from AnnieMac Home Mortgage joins Jason to discuss how anyone can become a cash buyer with their Cash2Keys Program, a game-changing solution that empowers buyers to secure their dream homes with confidence. Tune into this episode to…

Making College Count: Calculating the Long-Term ROI of Your Education

Financial Wellness, Podcast

Summary College is one of the biggest investments a family might make. But, most families jump in head first without understanding the true cost of college or calculating the potential return on investment. Donna Baines of Baines College Planning joins Jason to discuss how to make wise investment decisions when it comes to your child’s education, the resources available to parents and students, and alternative options besides college. Tune into this episode to also learn: What you should consider to narrow down a list of right-fit colleges for your child Find out what college will really cost you Alternative learning paths besides college…